Funding you earn now, next payment 22:00 UTC+0.0420%/8h= +46.0% APRpaid last 24h +0.078%
Price spread now: Orderly against Coinbase International+0.664%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Orderly is 0.664% dearer against Coinbase International than usual: you sell high and buy low: +$66 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BERA-PERP-INTX | 0.2259 | −0.0320 | get 0.0040% / 1h | 54m 01s | $10K | $45K | 50x |
| Short | Orderly PERP_BERA_USDC | 0.2274 | 0.0100 | get 0.0050% / 4h | 1h 54m | $9K | $1K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $88.2
- Price spread: +0.664% → 0.000%
- $66.4
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $138.6
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Coinbase International and Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BERA on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERP | −0.5000% | 1h | 0.2131 | −5.666% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTXlong | −0.0320% | 1h | 0.2259 | long leg | $10K | $45K | 50x | |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2272 | +0.553% | $51K | $26K | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2270 | +0.505% | $63K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2271 | +0.538% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2271 | +0.531% | $5.5M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2268 | +0.398% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2268 | +0.398% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2269 | +0.443% | $335K | $390K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2271 | +0.531% | $1.2M | $431K | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2270 | +0.487% | $550K | $218K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2272 | +0.575% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2271 | +0.531% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2269 | +0.456% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2268 | +0.391% | $105K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | +0.044% | $32K | $455K | 50x | as long as short |
| Orderly PERP_BERA_USDCshort | +0.0100% | 4h | 0.2274 | +0.664% | $9K | $1K | 10x | |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2273 | +0.620% | $372 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0150% | 4h | 0.2265 | +0.266% | $289K | $87K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0176% | 1h | 0.2277 | +0.797% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0190% | 1h | 0.2275 | +0.708% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2274 | +0.669% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.1130% | 1h | 0.2276 | +0.735% | $2.9M | $954K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.1313% | 1h | 0.2274 | +0.655% | $37K | $149K | 5x | as long as short |
Coinbase International BERA-PERP-INTX
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP